September two-wheeler sales expectations — Hero MotoCorp expected to outperform Bajaj Auto and TVS Motor

• The Indian two-wheeler manufacturers are likely to see a strong turnaround despite the inauspicious periods of Shraadh and Adhik Maas.
• The strong demand revival is expected on the back of increased preference for personal mobility amid the coronavirus pandemic.
• Check out the latest news and updates on Business Insider.

The Indian two-wheeler manufacturers are predicted to see a strong turnaround despite the inauspicious periods of Shraadh and Adhik Maas in the Northern and the Western region. The improving sales picture comes after an increased preference for personal mobility amid the coronavirus pandemic.

“Two Wheeler (2W) dispatches are expected to see further recovery on the back of continued ramp-up in supply chains, thriving rural sentiments and rise in personal mobility needs,” said the Nirmal Bang report.

The analysts at Nomura expect Hero MotoCorp to outperform in the sales number compared to its other peers TVS and Bajaj Auto, owing to its strong reach in the Indian rural areas.

Hero MotoCorp September auto sales expectations:

Hero MotoCorp	August 2020 sales	August 2019 sales	Growth %
Motorcycle/Scooters	662,723	612,204	8.30%

*Source: Nirmal Bang

TVS Motor two-wheeler September auto sales expectations:

TVS Motor Company	August 2020 sales	August 2019 sales	Growth %
Two-wheeler	307,158	300,909	2%

*Source: Nirmal Bang

Bajaj Auto two-wheeler September auto sales expectations:

Bajaj Auto	September 2020 sales	September 2019 sales	Growth %
Motorcycle	361,536	336,730	7.40%

*Source: Nirmal Bang

SEE ALSO: All eyes on September auto sales — Cars and tractor sales likely to remain healthy but commercial vehicles may feel the pain

Honda’s new cruiser bike H’ness CB 350 launched in India — to be priced around ₹1.9 lakh